Quantitative Aptitude Ques 2497

Question: Directions: Study the following graph carefully to answer the given questions. [NlCL (AO) 2014]

(i) Profit = (Income $ - $ Expenditure) (ii) Profit per cent = (Profit/Expenditure $ \times $ 100) (iii) Loss = (Expenditure $ - $ Income) (iv) Loss per cent = (Loss / Expenditure $ \times $ 100) Combining June and July, what is the loss per cent incurred by the businessman in these two months together?

Options:

A) 30%

B) 50%

C) 40%

D) 45%

E) 36%

Show Answer

Answer:

Correct Answer: C

Solution:

  • Loss incurred in the month of June and July $ =(640-380)+(560-340) $ $ =260+220=480 $

$ \therefore $ Loss% $ =\frac{480}{1200}\times 100 $ = 40%